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Despite COVID, Small Businesses More Optimistic in Trump Era vs. Obama Era

August 24, 2020 By E.J. Smith - Your Survival Guy

Even after the crushing punishment blue state governors have wrought on small business owners, they are still more optimistic under President Trump today than they were for nearly the entire Obama-era.

Blue state governors have come out to protect the rich, but President Trump has worked hard to get America’s small businesses running again. Some governors, like South Dakota’s Kristi Noem, have helped. States like South Dakota that have remained open have fared better than the lockdown states.

Americans working in the service industry also feel better now than they did in most of the Obama-era, despite COVID-19’s effects on the economy.

Before the China virus hit, President Trump had engineered the best economic resurgence in decades, with unemployment at decade lows, and at or near record lows among blacks, Hispanics, and women.

Now America needs someone to put its economy back together. They have a choice between Joe Biden, the right-hand man of a president whose economic program never got America off the runway, and President Donald Trump, whose economic program had the country soaring to new heights before the China-virus hit.

Those who are proud to be an American know which candidate is better for the economy.

Action Line: Don’t miss the boat on America’s Trump-led economic resurgence. Sign up for my monthly RAGE Gauge reading by clicking here.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com
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